Equities researchers at StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a research report issued on Saturday. The brokerage set a “sell” rating on the construction company’s stock.
ENGlobal Stock Performance
Shares of ENG stock opened at $1.41 on Friday. The company’s 50-day simple moving average is $1.66 and its two-hundred day simple moving average is $1.66. ENGlobal has a one year low of $1.01 and a one year high of $3.68.
ENGlobal (NASDAQ:ENG – Get Free Report) last issued its earnings results on Thursday, May 9th. The construction company reported ($0.27) EPS for the quarter. The company had revenue of $6.53 million during the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 31.57%.
ENGlobal Company Profile
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professional engineering and related project management services.
Read More
- Five stocks we like better than ENGlobal
- What is the S&P 500 and How It is Distinct from Other Indexes
- Top 5 High-Performance Cryptocurrency ETFs to Watch
- What Are the U.K. Market Holidays? How to Invest and Trade
- 3 Stocks That Plummeted After the Post-Fed Speech Crash
- What Are Dividend Achievers? An Introduction
- Adobe Stock: It’s Not Too Late To Buy The Dip
Receive News & Ratings for ENGlobal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENGlobal and related companies with MarketBeat.com's FREE daily email newsletter.
